Tag - economy

The RBA needs a weak AUD
The RBA needs a weak AUD

This week the governor of the Reserve Bank of Australia Mr. Lowe proved again that the bank wants to see the weak AUD and interest rates remaining at a record low “for a while yet”.

Japanese companies welcome skilled foreign employees
Japanese companies welcome skilled foreign employees

The vast majority of Japanese companies back loosening the country's tough immigration system aimed at coping with a terrible labor shortage, although they appreciate skilled employees capable of fitting into the Japanese workplace, and not an invasion…

American retail sales surge
American retail sales surge

In July, American retail sales jumped more than anticipated because households spurred purchases of cars and clothing, hinting that the American economy was still firm early in the third quarter…

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